631 N E Street,Lake Worth,FL,33460

Investment Highlights

Rental property for sale in Lake Worth at 631 N E Street, Lake Worth, FL, 33460 priced at $315,000 pairs $2,260/mo rent with $169/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,260/mo, and annual cash flow comes to $2,032/yr on $104,423 invested. Return on cash invested is 21.86% in year one, and rental yield stands at 8.61% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 113.89% and total cumulative return in cash reaches $118,925. For financing, Ziffy Mortgage’s DSCR program evaluates $2,260/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.